If a Person's Marginal Utility from an Additional Hour of Leisure

question 301

Multiple Choice

If a person's marginal utility from an additional hour of leisure is less than the marginal utility gained from goods bought with the wages earned from an additional hour of labour,then this person should:

• A) continue to work the hours he or she is working.
• B) work less since he or she is working more than the optimal number of hours.
• C) work more since he or she is working less than the optimal number of hours.
• D) quit work since he or she is not earning enough to satisfy his or her time allocation.

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